STMicroelectronics Reports Q4 and FY 2019 Financial Results

Net financial position (non-U.S. GAAP measure): resources (debt), represents the balance between our total liquidity and our total financial debt. Our total liquidity includes cash and cash equivalents, restricted cash, short-term deposits and marketable securities, and our total financial debt includes short-term borrowings, current portion of long-term debt and long-term debt, all as reported in our consolidated balance sheet. We believe our net financial position provides useful information for investors and management because it gives evidence of our global position either in terms of net indebtedness or net cash position by measuring our capital resources based on cash and cash equivalents, restricted cash, short-term deposits and marketable securities and the total level of our financial indebtedness.

(US$ m) Dec 31 2019 Sep 28 2019 Jun 29 2019 Mar 30 2019 Dec 31 2018
Cash and cash equivalents 2,597 2,345 2,119 2,307 2,266
Restricted Cash 10 60 60 60 -
Short-term deposits 4 - - - -
Marketable securities 133 133 333 331 330
Total liquidity 2,744 2,538 2,512 2,698 2,596
Short-term debt (173) (171) (174) (173) (146)
Long-term debt (1,899) (2,019) (2,030) (2,015) (1,764)
Total financial debt (2,072) (2,190) (2,204) (2,188) (1,910)
Net financial position 672 348 308 510 686

Free cash flow (non-U.S. GAAP measure) is defined as net cash from operating activities minus net cash from (used in) investing activities, excluding payment for purchases (proceeds from matured) marketable securities and short-term deposits. We believe free cash flow provides useful information for investors and management because it measures our capacity to generate cash from our operating and investing activities to sustain our operating activities. Free cash flow does not represent total cash flow since it does not include the cash flows generated by or used in financing activities. In addition, our definition of free cash flow may differ from definitions used by other companies.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



Review Article Be the first to review this article
Featured Video
Jobs
Transit GIS analyst/planner for Jarrett Walker and Associates at Portland, Oregon
Senior Highway Engineer for RS&H at Jacksonville, Florida
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Product Design Engineer - Softgoods for Apple Inc at Cupertino, California
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
Upcoming Events
URISA GIS Leadership Academy at Online Event IL - Dec 6 - 10, 2021
21st International Scientific GeoConference SGEM Vienna Green 2021 at Schonbrunn Palace Vienna Austria - Dec 7 - 11, 2021
ADW Hybrid 2021 at Amsterdam Netherlands - Jan 18 - 20, 2022
Amsterdam Drone Week: ADW Hybrid, at Amsterdam Netherlands - Jan 18 - 20, 2022



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise